Akash Chattopadhyay

Assistant Professor of Accounting

University of Toronto

Email: akash.chattopadhyay [at] rotman.utoronto.ca


Research

Publications

Journal of Financial Economics 135, no. 3 (2020): 704-724

Coverage: Wall Street Journal, Financial Times, Harvard Law School Corporate Governance Forum

Examines whether a stock index, marketed as being prestigious, and based on a quantitative rule including return on equity can motivate firms to be more profitable

The Accounting Review 97, no. 2 (2022): 107-133

Coverage: Kellog Insight

Comprehensive evaluation of the performance of popular expected return proxies in international markets; adapts the log-linear framework to estimate an ERP which forecasts returns robustly across markets

Working Papers

Managing Activists: Earnings Management during Activism Campaigns

This study examines how firms behave during an activism campaign; whether the pressure of the campaign influences firms to manage short-term earningsĀ 

R&R at Review of Accounting Studies

Examines the value and governance effects of ownership transparency in Korean business groups

Provides a general approach, based on the log-linear present-value framework, to connect expected returns to valuation multiples

R&R at The Accounting Review

Develops implied cost of capital estimates based on machine-learning-generated earnings forecasts

Management Guidance Disclosure Venues with Nayana Reiter, Mani Sethuraman

Explores the choice and consequences of disclosure venues of stand-alone management guidance